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China’s DiDi Aims To Bring Over 100,000 Chinese EVs Into Mexico By 2030
DiDi, a Chinese e-hailing giant, is reportedly set to bring over 100,000 Chinese-made EVs into Mexico by 2030.
According to CarNewsChina, DiDi, China’s e-hailing giant, are poised to bring over 100,000 Chinese-made electric vehicles (EVs) into Mexico. Citing a Bloomberg report, the firm has also reportedly announced it will partner with automakers such as Deepal, GAC, and BYD to do this.
The effort will see DiDi become the biggest Chinese car importer in said Central American state, which shares its entire northern border front with the United States of America. Moreover, DiDi will also see itself competing directly against Uber Mexico too.
In China, DiDi has a history spearheading the electrification of ride-hailing services. In 2023, the firm saw over 4 million New Energy Vehicles (NEVs) registered on its platform. It included roughly 3.5 million battery electric vehicles (BEVs). In the same year, DiDi saw over 57% of its total service mileage on its platform being performed by EVs.
Amongst the Chinese EV-making brands DiDi has reportedly discussed with for its Mexico market expansion include BYD (top), GAC (left), and Deepal (right).
Aditionally, a DiDi Mexico representative was quoted in saying that the switch from fuel-power to EVs can reduce greenhouse gas emissions by 70%. The same representative also said the initiative is expected to cut over 500,000 tonnes of CO2 emissions in Mexico over the next decade.
DiDi’s globalisation efforts first started in in 2018 when it expanded into Brazil through acquiring the 99 – Brazil’s largest online ride-hailing platform. DiDi later launched a food delivery service under the brand 99 Food.
Combined, these services now serve over 550 million users and cover more than 3,400 cities and towns across Brazil. It also competes directly with iFood, which is the Brazilian market’s dominating platform that captured a market share of over 80%.
HIstorically, DiDi has a spearheaded the electrification of ride-hailing services in China. As of 2023, it has over 3.5 million EVs registered on its platform.
That aside, DiDi is also poised to establish and build over 10,000 public charging stations in Brazil. In turn, this efforts sees the Chinese giant support Brazil’s growing EV infrastructure too.
Said overseas efforts have proven profitable for the firm. In its fourth quarter (Q4) 2024 financial report, DiDi’s overseas business recorded a total of 3.613 billion orders in 2024, as well as a Gross Transaction Value (GTV) of RMB 91.3 billion (approx. RM55.11 billion) to chart a 34.8% year-on-year (YoY) growth.
In fact, in Q4 2024 alone, DiDi saw its international orders reach 1.016 billion, marking a 29.8% YoY increase. In turn, this sees an average daily orders of over 11 million daily during said final quarter period as well.
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Thoriq Azmi
Former DJ turned driver, rider and story-teller. I drive, I ride, and I string words together about it all. [#FuelledByThoriq] IG: https://www.instagram.com/fuelledbythoriq/